Short Interest in First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI) Decreases By 50.0%

First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI) saw a large drop in short interest during the month of September. As of September 30th, there was short interest totalling 700 shares, a drop of 50.0% from the September 15th total of 1,400 shares. Based on an average daily volume of 4,800 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On First Trust RiverFront Dynamic Developed International ETF

A number of large investors have recently bought and sold shares of the stock. Walkner Condon Financial Advisors LLC boosted its holdings in shares of First Trust RiverFront Dynamic Developed International ETF by 2.5% during the second quarter. Walkner Condon Financial Advisors LLC now owns 6,257 shares of the company’s stock worth $398,000 after purchasing an additional 153 shares during the period. ERn Financial LLC lifted its holdings in First Trust RiverFront Dynamic Developed International ETF by 5.3% in the 1st quarter. ERn Financial LLC now owns 12,557 shares of the company’s stock worth $807,000 after buying an additional 633 shares during the period. Raleigh Capital Management Inc. grew its position in shares of First Trust RiverFront Dynamic Developed International ETF by 23.6% in the 4th quarter. Raleigh Capital Management Inc. now owns 4,064 shares of the company’s stock worth $249,000 after buying an additional 777 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of First Trust RiverFront Dynamic Developed International ETF by 80.0% during the third quarter. GAMMA Investing LLC now owns 4,578 shares of the company’s stock valued at $308,000 after buying an additional 2,034 shares during the period. Finally, OLD Mission Capital LLC increased its stake in shares of First Trust RiverFront Dynamic Developed International ETF by 6.6% during the first quarter. OLD Mission Capital LLC now owns 65,259 shares of the company’s stock valued at $4,194,000 after buying an additional 4,064 shares during the period.

First Trust RiverFront Dynamic Developed International ETF Trading Up 0.6 %

Shares of NASDAQ:RFDI traded up $0.37 on Friday, reaching $66.71. 907 shares of the company traded hands, compared to its average volume of 3,473. The stock has a market capitalization of $124.75 million, a P/E ratio of 10.90 and a beta of 0.94. The business’s 50-day simple moving average is $66.47 and its 200 day simple moving average is $65.21. First Trust RiverFront Dynamic Developed International ETF has a 52 week low of $52.98 and a 52 week high of $68.36.

First Trust RiverFront Dynamic Developed International ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a dividend of $0.7571 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $3.03 annualized dividend and a yield of 4.54%.

About First Trust RiverFront Dynamic Developed International ETF

The First Trust RiverFront Dynamic Developed International ETF (RFDI) is an exchange-traded fund that is based on the FTSE Developed ex U.S. index. The fund is an actively-managed fund that seeks capital appreciation from developed-country stocks (excluding the US) selected using a factor approach. The manager has discretion to currency-hedge up to 100% of the portfolio.